20015 Is DC’s Least Affordable Zip Code

Posted by Mark Washburn on Monday, April 21st, 2014 at 6:47am.



A new map by Zillow was released last week to much fanfare across DC, calculating housing affordability based on a monthly payment of $2,000, or 18 percent of a buyer’s monthly income, assuming a $500,000 home purchase price.  The color-coded map from dark red to dark green revealed the 20015 zip code as the least affordable, which includes the pricey DC neighborhoods of Chevy Chase DC and Friendship Heights.  After 20015, the 20003 zip code for the Capitol Hill neighborhood comes in 2nd, and the 20007 zip code for the neighborhoods in Georgetown, Glover Park, Foxhall, and Massachusetts Avenue Heights comes in at #3.  Longtime DC residents would not be surprised by these findings.

The map reveals DC’s eastern neighborhoods (NE) as most affordable and the western neighborhoods (NW) as least affordable.  At Zillow, affordability is measured by how much of a person’s monthly income is spent on a mortgage payment.  With a combination of rising home prices and mortgage rates, the median household in DC spends 22% of their income to afford the mortgage payments on the median home.

In 2013, the median household income was $91,689 in DC.  The typical DC homebuyer spent $1,357 each month on mortgage payments for homes, not condos, assuming a 20% down payment on a median home valued at $343,600 on a 30-year fixed mortgage with a 4.3% interest rate.

20015 Real Estate For Sale:

16 Properties Found. Page 1 of 2

Must See! Recently Featured As Washington Post ...

Photo of Listing #DCDC401218

$3,145,000 Active

  • 7 Beds
  • Baths
  • 0.28 Acres
  • 9,101 ft²

Residential

5226 39th St Nw, Washington, DC

MLS® #DCDC401218

Must See! Recently Featured As Washington Post "home Of The Week," This Stunning Home Offers Expansive Living Spaces With Gleaming Hardwood Floors And Tons Of Natural Light. The Main Level Features A Gourmet Kitchen, Breakfast Room, Private Office, Library ...

Spectacular 2800+ Sq Ft Duplex Penthouse Exquis...

Photo of Listing #1001411500

$1,999,000 Active

  • 4 Beds
  • 4 Baths
  • 2,833 ft²

Residential

4301 Military Rd Nw #ph8, Washington, DC

MLS® #1001411500

Spectacular 2800+ Sq Ft Duplex Penthouse Exquisitely Re-designed & Renovated. 4 Bdrm + Den, 4 Full Bath - 2 Levels, 250+ Sq Ft Rooftop Terrace Overlooking Va Skyline. Top End Chefs Kitchen, Designer Marble Flrs, Divine Master Suite, Upper Lvl Family Rm W/ E...

Outstanding 3-year Old Semi-detached Home Built...

Photo of Listing #DCDC420526

$1,995,000 Active

  • 5 Beds
  • Baths
  • 0.07 Acres
  • 3,961 ft²

Residential

3823 Morrison St Nw, Washington, DC

MLS® #DCDC420526

Outstanding 3-year Old Semi-detached Home Built By Zuckerman Partners With Architecture By Award-winning Barnes Vanze And Interior Selections By Renowned Noami Devore. Four Finished Levels Feature High Ceilings, Custom Millwork Including 2 Exquisite Full Wa...

Many New Improvements! Must See Over 5,000 Sf. ...

Photo of Listing #DCDC419764

$1,749,000 Active

  • 6 Beds
  • 4 Baths
  • 0.14 Acres
  • 4,776 ft²

Residential

3140 Aberfoyle Pl Nw, Washington, DC

MLS® #DCDC419764

Many New Improvements! Must See Over 5,000 Sf. Kitchen And Master Bath Renovation In 2017. Rarely Found 5 Bedrooms Plus Up, 3.55 Baths With Large Open Floor Plan. Newly Painted W/new Upper Level 2 Carpet And Stairs. Abundant Natural Light Throughout, Wood F...

Beautiful 3 Level Contemporary, Designed For En...

Photo of Listing #DCDC420136

$1,295,000 Active

  • 5 Beds
  • Baths
  • 0.15 Acres
  • 3,440 ft²

Residential

7053 Western Ave Nw, Washington, DC

MLS® #DCDC420136

Beautiful 3 Level Contemporary, Designed For Entertaining. Banquet Sized Dining Room, Chef's Kit With Table Space, Granite Counters & Hardwood Floors. Grand Piano Sized Living Room With Fireplace & 2 Main Level Bedrooms. Huge Owners Suite With Sitting Area,...

Not Just Another Beautifully Renovated, 4 Level...

Photo of Listing #DCDC403024

$1,150,000 Active

  • 4 Beds
  • Baths
  • 0.18 Acres
  • 2,700 ft²

Residential

6916 Greenvale St Nw, Washington, DC

MLS® #DCDC403024

Not Just Another Beautifully Renovated, 4 Level, 2,700 Square Foot Colonial! The Wide, Level Deep Lot Has An Amazing Surprise In The Fenced Rear Yard That Can Only Be Called A Kid~s Paradise Containing A Sport Court (which Can Be Easily Removed), Playhouse,...

Charming Colonial In Amazing Neighborhood! This...

Photo of Listing #DCDC420560

$1,099,999 Active

  • 3 Beds
  • Baths
  • 0.11 Acres
  • 2,088 ft²

Residential

5417 Nevada Ave Nw, Washington, DC

MLS® #DCDC420560

Charming Colonial In Amazing Neighborhood! This Home Is Newly Remodeled To Include Gleaming Hardwood Floors And Brand New Master Bath! Sitting On A Wonderfully Landscaped Lot With Off Street Parking! Will Meet All Of Your Needs With 3 Bedrooms And 3 .5 Bath...

Welcome Home To This Hard To Find Fully Renovat...

Photo of Listing #DCDC403616

$1,099,000 Active

  • 4 Beds
  • Baths
  • 0.13 Acres
  • 2,735 ft²

Residential

2824 Northampton St Nw, Washington, DC

MLS® #DCDC403616

Welcome Home To This Hard To Find Fully Renovated, 4 Level Tudor Style Colonial With Main Level Open Floor Plan And Family Room Addition! The Main Level Features The Entry Foyer With Coat Closet And Powder Room, An Updated Kitchen With Granite Counters Open...

Walk Score Of 93! Centrally Located In Friendsh...

REDUCED 1% Photo of Listing #DCDC310292

$1,025,000 Active

  • 2 Beds
  • 2 Baths
  • 0.01 Acres
  • 1,460 ft²

Residential

4301 Military Rd Nw #204, Washington, DC

MLS® #DCDC310292

Walk Score Of 93! Centrally Located In Friendship Heights With Metro, Shops And Restaurants At Your Doorstep. This Expansive 2 Bedroom With Den Unit Boasts Brazilian Hardwood Floors Throughout (even In The Bedrooms And Den), Gourmet Kitchen With Large Cen...

This Gracious 1929 Dutch Colonial With Three Be...

Photo of Listing #DCDC420130

$949,900 Active

  • 3 Beds
  • 2 Baths
  • 0.14 Acres
  • 1,960 ft²

Residential

5400 Nebraska Ave Nw, Washington, DC

MLS® #DCDC420130

This Gracious 1929 Dutch Colonial With Three Bedrooms And One Full And Two Half Baths Oozes Charm And Is Ideal For Entertaining Inside And Outside. There Are Nice Hardwood Floors Throughout. The Living Room With Brick Fireplace Has Glass French Doors That ...

Welcome Home To This Spacious 1950 Rambler With...

NEW Photo of Listing #DCDC421964

$925,000 Active

  • 4 Beds
  • Baths
  • 0.2 Acres
  • 3,389 ft²

Residential

7037 31st St Nw, Washington, DC

MLS® #DCDC421964

Welcome Home To This Spacious 1950 Rambler With 3300 Finished Square Feet Of Living Space On A Desirable Lot (almost 9,000 Square Feet) Steps To Rock Creek Park! Step Inside The Entry Foyer With Large Coat Closet To Find The Spacious Living Room With Firep...

Welcome To Where Style Meets Sophistication. Yo...

Photo of Listing #DCDC420504

$650,000 Active

  • 2 Beds
  • 2 Baths
  • 0.01 Acres
  • 898 ft²

Residential

4301 Military Rd Nw #311, Washington, DC

MLS® #DCDC420504

Welcome To Where Style Meets Sophistication. Your New Luxury Condo Features 2 Bedrooms, 2 Full Bathrooms, Gorgeous Hardwood Floors In The Living Room And Kitchen Plus So Much More. Enjoy A High-efficiency Washer And Dryer In The Unit! Cook Like A Profession...

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